Cisco repatriating $67B, boosting share buyback program

Christopher Zimmerman

The stock decreased 0.31% or $0.169 during the last trading session, reaching $55.141. Hill-Rom Holdings, Inc. (NYSE:HRC) has risen 57.47% since February 15, 2017 and is uptrending. Hallmark Cap Mngmt reported 2.28% of its portfolio in Cisco Systems, Inc. The Texas Permanent School Fund holds 258,776 shares with $36.54M value, down from 263,548 last quarter. Edgar Lomax Co who had been investing in Cisco Sys Inc Com for a number of months, seems to be less bullish one the $217.92B market cap company.

Shares of Cisco Systems (NASDAQ:CSCO) traded up $0.86 during midday trading on Thursday, reaching $42.09. About 7.92 million shares traded. Cisco Systems, Inc. (CSCO) has made its way to a 12-month gain of 28.96%. It has underperformed by 5.29% the S&P500.

Summit Creek Advisors Llc, which manages about $971.18M and $507.71M US Long portfolio, upped its stake in Carbonite Inc.

Since August 16, 2017, it had 0 insider purchases, and 1 insider sale for $3.06 million activity. McMahon John sold $263,857 worth of stock or 2,608 shares. Investors of record on Thursday, April 5th will be paid a $0.33 dividend. Its down 0.16, from 1.18 in 2017Q2.

On 9/18/2017 Mark D. Chandler, SVP, sold 65,000 with an average share price of $32.43 per share and the total transaction amounting to $2,107,950.00. Lathrop Investment Management holds 3.6% or 402,429 shares in its portfolio. California State Teachers Retirement Sys invested in 0.04% or 536,431 shares. Farmers & Merchants stated it has 209,722 shares or 0.56% of all its holdings. Tortoise Investment Management LLC now owns 3,309 shares of the network equipment provider's stock worth $104,000 after purchasing an additional 878 shares during the period. Stearns Grp holds 0.55% or 64,629 shares in its portfolio. Kidder Stephen W reported 19,350 shares or 0.24% of all its holdings. Investors measure stock performance on the basis of a company's earnings power. Lord Abbett & Co Limited Liability Company holds 0.25% or 5.04 million shares. Smithfield reported 42,803 shares. 119.98 million shares or 3.47% more from 115.96 million shares in 2017Q2 were reported.

Among 10 analysts covering LKQ (NASDAQ:LKQ), 10 have Buy rating, 0 Sell and 0 Hold. Therefore 68% are positive. Heska Corp had 13 analyst reports since August 25, 2015 according to SRatingsIntel. Victory Capital Mgmt accumulated 1.53M shares or 0.08% of the stock. Stifel Nicolaus reissued a "hold" rating and issued a $46.00 target price (up from $40.00) on shares of Cisco Systems in a research note on Thursday. The firm earned "Buy" rating on Thursday, September 7 by RBC Capital Markets. That will provide a nice boost to per-share earnings over the next couple of years, which will allow the company to continue raising the dividend faster than the rate of earnings growth.

"While the company has more to show quarter after quarter, it appears the turnaround is happening and Cisco CEO Chuck Robbins and team deserve a lot of credit", said Patrick Moorhead, president and principal analyst at Moor Insights & Strategy. The firm earned "Overweight" rating on Wednesday, October 14 by Barclays Capital. It also increased its holding in Epam Sys Inc (NYSE:EPAM) by 76,625 shares in the quarter, for a total of 216,086 shares, and has risen its stake in Goldman Sachs Group Inc (NYSE:GS).

Flu season death toll rises to 11 in TNFeb 21, 2018 - 09:17
The most recent numbers (Feb. 4-10) showed an upward trend in new lab-confirmed cases with more than 1,000 in the week. The Texas Department of State Health Services (DSHS) released their latest surveillance report on the Flu in Texas.

Mikaela Shiffrin is skipping the Olympic downhillFeb 21, 2018 - 09:17
Vonn has stated that much of her love of skiing can be traced back to her grandfather, who competed in ski jumping as a young man. Mikaela Shiffrin participated in all three downhill training sessions but decided not to join Vonn in the downhill final.

Virtue, Moir win ice dance for 3rd career Olympic gold medalFeb 20, 2018 - 20:43
The French skated before the Canadians and scored a world record 123.35 points for a low-key, technically proficient free dance. The duo were visibly upset after they left the ice following the skate. "I am thrilled with this competition", Virtue stated.

Google Uses Deep Learning To Help Predict Heart Disease RiskFeb 20, 2018 - 20:42
Researchers from Alphabet ( Google's parent company) subsidiary Verily discovered this new method by deploying machine learning. If the eyes are the window to the soul, Google thinks it's proven that the retina can offer a window to the state of the heart.

'Burnout Paradise' is back with a $40 4K remaster March 16thFeb 20, 2018 - 20:42
Pull off high-octane stunts and create insane auto destruction in one of the greatest arcade-driving games ever created. Burnout Paradise is getting a remaster for current gen consoles and it's slated to arrive in March.

Tampa Bay Buccaneers release running back Doug MartinFeb 20, 2018 - 20:31
Martin is now hitting free agency for the first time in his career, but he's 29 years old and far removed from his best days. The move to cut Martin doesn't come as a surprise after he failed to rush for 450 yards for the second straight season.

Jason Vargas signs 2-year deal with Mets pending physicalFeb 18, 2018 - 07:10
Jason Vargas was never a flashy pitcher during his time in Kansas City, but he had a productive career as a member of the Royals. New York's rotation was at one time extremely promising and had the potential to be one of the best in the league.

Auburn vs SC basketballFeb 18, 2018 - 07:06
The schedule won't get any easier for Auburn , as the Tigers will return home to face Alabama Wednesday night. The only thing that was different Saturday was the result, as SC held on to defeat the Tigers 84-75.

South Africa's EFF says will boycott election of new presidentFeb 18, 2018 - 07:03
It was scheduled for 11:00 to give Zuma a chance to deliver his expected resignation address, which should have happened at 10:00. The EFF again protested as the Speaker of Parliament refused to allow their motion to debate the dissolution of Parliament.

More Russians Killed In Syria By IEDFeb 18, 2018 - 07:00
Russia's Special Representative to the UN Vasily Nebenzya condemned the attack but made no mention of the Russian deaths. CIA Director Mike Pompeo was asked during a Senate Intelligence Committee hearing about reported Russian casualties.